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to tucker good morning. >> good morning steve that is big news. i don't know what to make of it. >> do i need to console you. >> i am not sure clouds on the increase, storms to the south and west, partly to mostly cloudy day, temperatures expected to be in the 90s. a shower or two later this afternoon. cloud cover off to the north partly sunny morning here in the immediate washington area. notice pittsburgh, portions of ohio, shower and thunderstorm activity, possible some of that could slip in during the course to have day with the cloud cover temperatures will be held back a little bit yesterday we were thinking mid-90s now we are thinking low to mid-90s temperatures a few degrees cooler, regan national, 79 degrees, 79, 66 frederick, 63 winchester, 71 at the naval air station your forecast today more clouds and sun showers this afternoon generally speaking a dry day with a high temperature of 91 degrees still looking at a lot of heat around here on friday, on time traffic and julie. >> travelling along new york avenue at montana we had problem with the signal lights lanes are open once
family are seeking a shorter term deal. but the president is saying no, no. now's the time to go big. get thing done for good. here he was, the president just this morning. >> i will not sign a 30 day or a 60 day or a 90-day extension. that's not an septemberabaccept approach. if it's hard now, how are the guys going to be thinking six months from now in the middle of an election season when they're all up. it's not going to get easier, it's going to get harder. we might as well do it now. pull off the band aid, eat our peas. now's the time to do it. if not now, when? >> brianna at the white house. bring us up to date. are the high stakes talks happening right this very second? >> as we understand it, brooke, these meetings continue here at the white house. president obama with top democrats and republicans in congress. you heard the tone that the president was striking there, like a parent trying to get two kids to share. he's been saying he's bending over backwards, giving up a lot and republicans are not. of course, that is his side of the story. if you were to think of him, he has a f
proceeding all through making headlines for wrong reasons but making big headlines nonetheless. >> we are following awe tlel' more on the nfl next week. mark, thanks. >>> the numbers are out. not the poll numbers and not the dow industrial. we are talking about the big number of bucks your presidential candidates are raising to win the white house. jim acosta, who has got the biggest bank? >> reporter: sometimes he's are the numbers that count, kyra, this morning. it looks like at this point, the person who has got the biggest bank right now is mitt romney. we haven't gotten any official totals in right now. yesterday his campaign did confirm that he is expected to bring in between $15 million and $20 million in the first quarter of fund-raising this year. not as much as he raised for the 2008 campaign but, still, way ahead of the rest of the pack. jon huntsman, we can mention, he also has a pretty big fund-raising hall for a guy that not a lot of people know about. $4 million. we should mention half of that, though, is money he kicked in himself. he is part of a very wealthy family t
to remain. a big ridge of high pressure in control there and the drought will continue to worsen. it's not just the heat, it's also the storms. usually the big area of high pressure like you see on the map, you get storms to the north and east side of it. we'll see severe weather in the northeast and the coast guard still looking for two missing boaters out of chicago. they had gusts over 60 miles an hour in a storm and they overturned some of the boats in the water. back to you. >> heat still dangerous across the country in many places. >>> casey anthony has been a free woman for almost 35 hours, but where did she go and who is helping her as she transitions back into society? kerry sanders has the latest details shortly on that. >>> treasury secretary tim geithner speaking this morning that this morning specific items regarding the debt deal. one of the options that senators harry reid and mitch mcconnell or working on raising the debt ceiling in exchange for $1.5 trillion in cuts over ten years. this would also create a new congressional panel that would study ways to reduce the d
>> i am still pushing for us to achieve a big deal. >> without serious spending cuts, without real reform of our entitlement programs, this problem is not going to be solved. >> susie: republicans and democrats hold closed-door meetings, but not with each other, as both sides maintain a hardline stance on debt ceiling talks. >> tom: the white house deadline for a deal is one week away. the pressure is building as a warning is issued for life insurers holding government bonds. it's "nightly business report" for friday, july 15. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. just one more week until an important deadline, july 22. tom, that's the date when president obama wants a debt- ceiling deal in hand. >> tom: susie, an agreement by a week from tonight gives lawmakers time to write and vote on new legislation before the august 2 deadline. >> susie: it looks like
enough to get a compromise and to get it through both houses. that remains a big question this afternoon, and -- and it doesn't seem like we've got a clear answer on really where that goes yet. >> all right. let's get out of the beltway for a second here, kate, because we've got a poll today showing 62% of americans now favor raising the debt ceiling one way or another, either with or without debt reduction. got a block of senate republicans accepting higher revenues, ie taxes, as part of tax reduction. are these holdout house republicans becoming more isolated, and are they begin to feel the heat to compromise here? >> reporter: it's hard to say. we've talked to some very conservative republicans about that, and they stand very firmly in their belief that they do not think this a tax increase should be part of any debt deal because they don't think that it's good for the economy, and they say many of them were elected in 2010 really basically on this point, that they need to get the country's fiscal house in order and not continue spending, spending, spending, that they should be reduci
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
. satellite shows a big massive ridge of high pressure that will be the dominant feature throughout the weekend. go tok a hot holiday weekend. and there is sunny skies, going to be warm throughout the central part of the state. and 98 the high in sacramento. 104 in fresno. and sunday, up to 100 in sacramento. and 79 in big sur, warm here tomorrow into the bay area, south bay, skies sunny. highs 90 in san jose z 89 in coupe tino. on the pin anyone slarks highs of 82 in san mateo. and upper 60s on the coast and there is 70 in the sunset district. and there is highs mainly low to mid-90s and near east bay highs mid to upper 80s. and there is mid-80s towards fremont out into inland east bay, highs mid to upper 90s, monterey bay mid to upper 70s near the bay. and here is the accu-weather forecast. it's going to be hotter sunday, highs around 100 degrees, temperatures may drop off monday remaining sunny, looking like cloudy skies for the fire works displays around the bay area monday night z we bounce back up to 100 degrees tuesday. heat stays with us for a while. >> thanks spencer. >> co
in my book, they are too big, too corrupt, too destructive, too powerful. here in the u.s., there are basically five media companies that own almost all media. and in the uk, it's no different. rupert murdoch and his company simply had too much power. that's why we're seeing high ranking people, even prime ministers, even the head of scotland yard, tied up with this. they had so much power, they had to be kowtowed too. >> lisa bloom, we appreciate that. thank you very much. >> thank you. >>> this scandal is reaching deep now into rupert murdoch's inner circle, and you can be sure that the man at the top is feeling the pressure. murdoch has ads running in seven british papers through monday saying, quote, we are sorry for the phone hacking scandal at the "news of the world." the popular tabloid he just shut down. and here's what he said in his own words. the scandal is widening to another murdoch paper, "the sunday times," and now even the fbi is opening an investigation. the allegations, hacking the personal phones of public figures, and the not so public, from murder vi
-year-old and her big sister were playing in front of the apartment complex you to see behind me when a come came up to them and offered to buy the little girl some candy. big sister saw that as a red flag and went in to tell mom. denise and her 3-year-old sister were playing outside of their san jose apartment complex monday night when a stranger started talking to jasmine. >> she started complimenting my sister saying you're so cute. she told her let's go the store and i'll buy you some chocolate. and she thought it was her daughter. >> reporter: concerned the 14-year-old denise grabbed her little sister and headed back to her second story apartment. minutes later this 26-year-old woman barged into the apartment and grabbed jasmine who she insisted was her daughter. >> she said that's my baby and tried to grab her. my mom tried to stop her. lady was pushing her. then after that, i called the police. >> reporter: when denise held her sister and called 911 her mom stood in front of the girls blocking for resfrom getting to her. her mom said she was also concerned flores might make kni
>>> good morning. a big stink in one bay area neighborhood. what is causing that awful smell. >>> and overnight explosion and fire in one of the bay area's most affluent areas. some critical questions still need to be answered. >>> a crackdown on cutting classes. a controversial decision in concord, just hours ago. >>> election the bug that could ruin the summer for many bay area campers. "mornings on 2" starts now. >>> well, good morning. welcome to "mornings on 2." i'm dave clark. >> i'm tori campbell. it's wednesday, july 13th. >>> well, overnight, right now, the cause of an early-morning fire in atherton is under investigation. now, this fire started at a home on mount vernon lane at about 3:00 a.m. at this at this house. part of the house is currently under construction. we were able to find out everybody inside got out safely. >>> san francisco police are investigating two similar overnight robberies that happened within blocks of each other. the first one was on stockton and sutter streets at 1:00 a.m. the second one happened just a couple of blocks down ton sutter, 45
. welcome to "today" on a sunday. i'm lester holt. >> i'm jenna wolfe. the big story is casey antany gone free after 1,006 days in jail and 12 days after a jury found her not guilty of murdering her daughter, caylee, casey anthony is a free woman. >> this is the scene. casey appears to say thank you to one of the law enforcement officers before she is led out the door by her attorney. kristen dahlgren was there and she joins us live from orlando with the latest. kristen, good morning. >> good morning, lester. well, news choppers lost sight of casey anthony's suv last night so we don't know where she is, other than for the first time in almost three years she's not waking up here at the orange county jail. you can probably hear some protesters are still here. with all the protest and publicity, so much talk about using decoys or sneaking out a back door. in the end, she walked right out the jail's front door. just minutes after midnight, a first glimpse at casey anthony free woman. in a bright pink shirt and showing little emotion, she and her attorney, jose baez, wasted no time. >> she wa
to detroit. 94 in atlanta. 85 here in the big apple. >>> well, here's a story that we usually don't hear from the middle east. a world record, in fact. >> pretty cool story. some 13,000 children steered clear of trouble in gaza to fly their kites at the same time. it all made for a pretty colorful show in the skies. >> the previous record of more than 10,000 flying kites at once was set earlier this year in china. so good for those kids. and congratulations. >> that is a cool scene out there. a little peace and a nice little event t d aorld record. >> and a world record to go with it. >> not bad. more "world news now" coming up after the break. you go next if you had a here would hoveround power chair? the statue of liberty? the grand canyon? it's all possible ith a hoveround., tom: hi i'm tom kruse, inventor rand founder of hoveround., when we say you're free to see the world, we mean it. call today and get a free overound information kit, that includes a video and full color brochure. dennis celorie: "it's by far the best chair i've ever owned." terri: "last year, 9 out of 10 people got the
fitsity still. there's no legislative language. it looks like what could be a pretty big tax increase. the spending cuts i think are highly uncertain. it instructs the various committees of the senate and the house to come up with these spending cuts. we have no assurance that they will do that. we have no idea how they'll do that. then we asked the senate to vote on that. all of which suggests to me there are a number of ways in which this could fall apart. i give these guys all the credit in the world for really struggling and trying to make some progress on a tough issue. there's no assurance that it results in an outcome. if we can't agree on spending cuts now, why should we suppose at the end of this process which after all has been available to us for two years the senate won't even pass a budget, why we think that this will result in real spending cuts is not clear to me. >> the other dynamic here is the mcconnell-reid proposal. that is going to get to the floor at some point. now the idea of being that the gang of six proposal is too late to be scored by cbo to really be put i
'm a big netflix user, by the way. i get the discs sent to my house. they're going global in a big way. they've come a long way from the days they mail out the dvds. >> even though they're not in hong kong. but they're making a big move to latin america. they will expand to 43 companies in south america. they made the first international move to canada. late last year you can see it clearly wants to be a global company, but it's going to be pricey. the company said it would lose up to $70 million in the second half of this year from overseas operation. but investors in the states are cheering the move. the news sent netflix shares soaring 8% on tuesday. ali? >> kristie, how do you do it? are you further ahead in congress how long? is there similar service? >> itunes. it's all about itunes. >> very good. stick around for this story. quite frankly, i don't want to be alone in this piece of knowledge. some farmers in the uk were looking for extra ways to save money. the answer was on the farm in big piles. they're turning livestock waste into energy. the pigs were wallowing in gold. the t
the votes to pass the harry reid plan in the united states senate. now this is not that big a surprise. in fact, we always knew he was going to have problems passing the bill. however, the wrinkle comes when the senate republican leader mitch mcconnell puts out a letter just a little while ago essentially telling the world that he had 43 republicans assigned on opposing senator reid's bill. you see it, part of the text, given the nation's enormous future spending challenges, it will be irresponsible to gift president this unprecedented additional borrowing authority without requiring the enactment of significant spending reductions and reforms. so 43 republicans say they will not vote for the bill as it is written. and mccain -- i'm sorry, mcconnell is pressing this point by saying he would like to see a vote now on the senate floor. but republicans would like a little time to work on the language and perhaps scare up some more support. let's listen to what mcconnell said a little while ago on the senate floor. >> so we have the astonishing development here that my good friend, the maj
minutes that window was big enough and right in time for the shuttle to take off today. >> chad, same kind of rules apply, weather standards for the landing that's coming in 12 days? >> a little bit even -- i would say a little bit more conditional on the rain factor because it's a bigger circle. right now all we had to do was shoot this thing straight up. when we land this thing it has to be very dry. you can't have showers around it. think of a dry day in florida in the summertime. you have to go up edwards, one time to white sands but you cannot fly the shuttle because it's screaming hot. thousands of degrees, you can't bly that through a rain shower. the criteria more tense, harder to get through to land this thing back here at kennedy, but they have a big time -- they're going to have a big-time party when this thing finally does come back here. >> chad myers, appreciate that breakdown. good to see you, as always. thanks to our john zarrella. eight minutes past the hour. >>> sound effect is the u.s. labor market sputtering to a virtual standstill. as you know by now, the economy added
from a year ago. jpmorgan chase will be the first of the big banks to report on thursday. results from top tech player google are also expected thursday. also this week, investors will eye fresh economic data, starting with may's trade deficit on tuesday. also tuesday, minutes from the federal reserve's june meeting. wednesday, fed chairman ben bernanke delivers his biannual testimony to congress. >>> retail sales and june's producer price index comes out thursday. and june's consumer price index is released friday. >>> elsewhere, precision cast parts says it has agreed to buy primus international for $900 million in cash. >>> reuters reports there's an emergency meeting in europe this morning over the debt crisis. they're now possibly spreading to italy. the region's third largest economy. friday italian stocks and bonds tumbled in a massive sell-off. >>> and finally, according to a new survey of college students and graduates, health insurance is the new love potion. 90% of surveyed students, and 93% of recent grads said knowing a potential partner has health insurance would make him
's a re/max agent, and he's a big part of this community. there are lots of reasons why re/max agents average more sales than other agents. experience, certainly. but maybe it's also because they care about the markets they serve and the neighbors who rely on them. nobody sells more real estate than re/max. visit remax.com today. >>> sarah palin says she'll announce her decision to run for president by late summer. the former alaska governor says she thinks she can beat president obama. she'll decide on her white house bid in late august or early september. >>> the roger clemens perjury trial picks back up this morning. during opening statements yesterday, prosecutors said needles that clemens' former trainer claims he used to inject the pitcher tested positive for clemens' d.n.a. and anabolic steroids. defense attorneys maintain the evidence is fake. clemens has said his trainer only injected him with vitamin d12 and a common anesthetic. clemens is accused of lying to congress steroids. >>> some scary moments for a pair of fishermen in california. one of them fights off a shark. they
to ask big oil companies and people making over million dollar to do their fair share by increasing revenues. >> have a good fourth of july weekend and we'll see you -- >> big mets and yankees series in new york tonight. i'll be watching. >> i'm always rooting for the national league. always got to stick to it the big guys. thanks. >> thank you. >>> all right. joining me now major garrett chief congressional correspondent for the national journal. doesn't want to kick the can down the road. sounded like a guy -- all right, if that's the deal that's cut and there's a temporary deal and it sometimes right now that's what smells like what's coming. >> he would have said i will vote against that. he didn't say that. >> that's what it's important. >> he didn't say i will vote against it. that's important. it's going to have to be up to the house republican leadership to bring that to the floor to agree to a short-term resolution of this absent a huge deal. eric cantor told me this week -- >> a great column about eric cantor. if we look at it in five pots here, the white house, senate rep
the hacking happened. it is a big acts, but i do not think it solves the real issue and news international. >> i am satisfied that rebecca -- her leadership in the business and her standard of ethics, her standard of conduct throughout her career are very good. >> with big consumer company after big consumer company pulling their advertising from quoted news of the world," the commercial future -- from "news of the world," the commercial future was looking bleak. >> it is going to be investigated. there must be a full judicial inquiry. >> here is the other newspaper jewel acquired by rupert murdoch in 1969," the sun." could there be a sunday without a murdoch tabloid? unthinkable, surely. >> despite today's announcement, the fallout from the scandal seems to be far from over. scotland yard say they have identified 4000 possible hacking victims. an inquiry will start into possible wrongdoing by police officers. we have the latest on that part of the case. >> this famous newspaper titles may have been confined to history, but the scrutiny of its methods goes on. britain's most senior policem
carry out india's worst militant attack since 2008? big dreams from a tiny island. one of the world's smallest countries hoping for olympic success. hello. it could be another landmark moment in the phone-hacking scandal. we should know very seen whether the media tycoon rupert murdoch has agreed to be questioned by members of british parliament. his son, james, and rebecca brooks have also been invited to appear before the hearing. we can go live to westminster. it feels like we're on the deadline hour for learning whether rupert murdoch is going to say yea or nay to appearing. i don't suppose many are expecting him to say oh, go on then. >> i don't think so. for one thing, the parliamentary committees do not have the same powers as congressional committees and certainly they cannot force foreign citizens like rupert and james murdoch to appear before them. there is even a question mark over whether they can really force rebecca brooks, who of course is a british citizen to appear. if anyone buzz does of the three, it is thought that perhaps she will be the most likely. the lawyers
to an aquarium. >>> finally in north carolina minor league right fielder made a big-time play tuesday. he stole a show robbing one player of a run by making a miraculous catch just by taking a nasty tumble over the wall. oh, that didn't hurt. the player didn't suffer any injuries on the play, however. >>> now for a look at the national weather we turn to nbc's meteorologist bill karins. i don't know. it looks like it hit. >> a wall that's three feet high. it's only baseball. good morning to you, veronica. good morning to everyone else. as far as what we're dealing with out there, we're going to continue to watch the heat. there's a big story in texas where once again it was in the 100s. we had downpours in the mid-atlantic and in the northern area. it is high. these are the temperatures to start your morning. le dlarks 82 when you walk out the door. and you'll want the ac instantly if you're traveling in the big cities from boston all the way down to d.c. it was very sticky overnight. temperatures are in the 70s. florida in the 80s. wet weather wise, the only travel trouble this morning for rai
business with the united states that is making a very big profit. china is going to make $300 billion on us at least this year. and they just revised that recently, i don't know if you saw. they said those numbers are going to be low. so we have to take our country back. >> what do you think of this gang of six plan? do you think it's workable from what you've seen? >> from what i've seen, nobody really knows exactly what it represents and what it is yet. but at least they're in there pitches and trying to make the big deal. the big deal is really the deal they should make. i don't like the punt. i don't like the deal where we kick it down the road for six months. this is the time to make the deal. and i have to tell you, the republicans have the cards. people might not think that, but the republicans have all of the cards. and this is the time to get rid of obama care. this is the time to make the great deal. >> i've been following you on twitter and you've been aggressive about obama on the economy. you believe he can't stop spending and that america has to stop spending. one of his belie
and really just ready for a big, big concert. matt? >> i tell you, al, this represents this morning, the motorcade had to actually move these people out of the way. anyway, we'll get back to you in a couple of minutes. >>> meanwhile, there has been a major development in the ongoing budget negotiations. president obama suspended the talks for the today. we'll tell you why and we'll talk to one of the senators who has been inside the negotiating room all week long. >> that's right. and also casey anthony is going to be released this sunday. and -- from prison. authorities are becoming increasingly concerned for her safety and we're live at the jail this morning with details on that story. >>> remember the photo we showed you earlier this week of that massive 18-foot long crocodile, the saltwater croc? a lot of people thought this was a doctor'd photograph. you can believe it's real. we went in search of that beast and we found him. >>> let's begin with that breaking news over night in boston where two delta planes collided. nbc's tom costello covers aviation for us in washington. goo
to more than two or three people. if you are talking to an audience, a big audience in a theater or a movie audience, but with television, if there are more than two or three people in the room, they're talking to each other, they're not listening to you. that camera lens became sitting and like talking to you. that is what i loved about it. tavis: there is some much stuff in this book, and there are several things i found fascinating and funny. fascinating, you apparently love crossword puzzles. >> absolutely addicted. i carry them around my purse. i am stuck on the one, the car driving me here, about halfway through but i did not finish. i said i will finish on the way back. tavis: how did you develop a love for the crosswords? >> i don't know, i love words. i am not into numbers that much, and there are people looked on that, but crossword puzzles. if i get a puppy and a paper trained him, all of a sudden i would open the paper and would be a cross word, no, you cannot go on that. tavis: are you pretty good a crossword puzzles? >> i am not a wizard, but i do them so much, pret
leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
these back to school sales? >>> and they're calling it karmageddon. an event so big, how one major city is gearing up to go nowhere fast. >>> from nbc world headquarters in new york this is nbc nightly >>> from nbc world headquarters in new york this is nbc nightly news with lester holt. captions paid for by nbc-universal television >>> as we come on air this sunday meeti ievening a criticag is under way with president obama at the white house. standing in the way, republic republicaninrepublicans trying to hold the line against tax increases and democrats unhappy over changes to medicare and medicaid. hanging in the balance, an august 2nd deadline to give the government authority to borrow the money it needs to pay its bills. nbc's mike viqueira is at the white house to bring us the latest. >> reporter: you're absolutely right. the president is at this moment in the cabinet room, the west wing. house and senate leaders, republican and democrat. at the top of the meeting reporters asked the president whether he needs to come to an a agreeme agreement. there's an impasse now over the nex
. that is the latest on "traffic pulse 11." back to you. >> our big story the search for a missing seven-month-old baby and care take are. george lettis is live at city police headquarters with why police believe they may have left the city and the call to action. police have questioned the boy's father who admits leaving the baby in the care of a teenager. the seven-month-old child was last seen in the 1100 black of lyndhurst street with a 16-year-old girl jonae boozer. ki'yauhn's father charles birch arrived late it a prayer service last night because he was with police being questioned about the disappearance. ki'yauhn was staying with his father friday but birch left him with pwzer an acquaintance he barely knowles. >> do i know the whereabouts of my son or am i lying about it? i told them i ain't lying about it, you know. they just keep -- you know how police do? they just keep getting on my nerves and i keep telling them the same thing. >> this guy just magically appeared and don't look like he know nothing. >> an amber alert has not been issued in this case because it doesn't fit the criteria ma
. thanks! you noticed! you know these clothes are too big now, so i'm donating them. not going back there again. good for you! how'd you do it? eating right, whole grain. whole grain? whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't... multigrain cheerios has five whole grains and 110 lightly sweetened calories per serving... more grains. less you! multigrain cheerios. can help your kids' school get extra stuff. ♪ like musical instruments. ♪ and new art supplies. ♪ because they're the only cereals with box tops for education. last year, schools earned over ten million dollars from big g cereals. you can raise money for your kids' school. look for this logo... only on big g cereals. you can make a difference. every cereal box counts. >>> a norwegian court says the prosecution will request eight week of pretrial detention for the suspect in the country's terror attacks. prosecutors will ask for the hearing to be closed to the public and to the media. the suspect admits he killed almost 100 people in friday's bombing and
involved. it's too big. it's too much trauma in our state. i thought the court would not be able to disentangle themselves from the drama. >> 16 years after the massacre, this court ruling about the three men who were turned over to the serbs, could have implications for similar cases against the dutch state. peer -- peter biles, "bbc world news." >> now the concern for the thousands caught up in draught. >> that's right. the draught from east africa is a human tragedy from unimaginable proportions. rains have failed for the past four seasons and more than 10 million people across eethyobeya, so man ya, are facing dire shortages of food, shelter, and medical support. >> day after day, mile after mile, they walk and walk. these are the people of the draught. but they're also escaping from somalia's endless civil war and they trek vast distances across land where it no longer seems to rain. some are sick, like alio who's just 6 months old. some will die along the way. these people we came across today are all from the same village in somalia. what they carry is all they possess. >>
on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. bond rating under review. let's talk about foreclosures for a second. realty track, the company that tracks the for
after trying to make a jailhouse visit? ♪ >> and a big turnaround for the music industry. how artists like lady gaga played a big role in the recovery. >>> good morning. i'm alex witt. welcome to msnbc saturday. first we go to the legacy of betty ford. the former first lady completely changed the way americans talk about addiction, breast cancer, and other tough issues that people used to deal with in silence. mrs. ford died last night at the age of 93, and she said she was an ordinary woman called on stage at an extraordinary time. nbc's brian williams has more. ♪ >> reporter: we got to know her all over again during the week of mourning for president gerald ford, her strength and dignity still intact 30 years after leaving the white house. >> i was an ordinary woman called on stage at an extraordinary time. >> the president's first and our first lady, betty ford. >> reporter: elizabeth bloomer ford, never expected to be anything other than a congressman's wife. >> his wife, betty ford. >> reporter: but she became first lady the day richard nixon resigned. it was, she later said, t
and cut the loop holes that big corporations get and middle class get. john boehner said he doesn't have the vote to pass the deal that includes tax hikings. >> the president wanting the public to know that he is pushing that don't have the support to pass. >> republicans in the house want tax increases off of the table. the reason that the u.s. has a debt problem is not because americans are not paying enough to taxes but washington spends too much. >> the situation is gotten worse. in the first two years in office. discretionary spending sky rocketed 84 percent including the failed stim tim with the spending reaching 25 percent of the nation's out put. we haven't seen spending that live since world war ii. >> they intend to require the government to cap spending and set a higher thres hold of votes needed to raise taxes. china issued a warning to the white house. china said that meeting could harm the relations between the two count reese. the president said he didn't support tibetian independence but supports the protection and culture of the people. fox news is america's election hea
, the risk of a u.s. default is also a big worry for many older americans. they're conditioned about their monthly social security payments. now we placed several unanswered calls expecting social security checks on august 3. an additional 27 million beneficiaries expect payments later in the month. we caught up with a couple of them to see what's on their minds. >> it's a scare tactic. i mean because there's so many other things that they can stop before they stop social security checks. >> whether it is the republicans or democrats win this game, you have to remember next year is an election year again. so they're posturing themselves. and they're playing a game that is kind of tough. but again they have to get something passed sooner or later. >> susie: so far, the treasury has not provided details on how the government will decide which bills to pay if the borrowing limit is not raised. executives from the country's biggest banks met today with treasury officials in new york ahead of tuesday's deadline. they discussed how debt auctions would be handled if congress fails to raise
onboard these boats, so that was a big concern as well. >> firefighters on land and in two fire boats from the river did all they could to stop the fire from spreading through the entire washington yacht club it started in one boat the flames quickly spread to others, four of them were destroyed and now sunk one boat owner bill lost his 38-foot cris craft. >> if it is completely down in the water you tell me how bad it is. >> they have sunk. >> as far as we know it is burned down to the water line. >> the boats were engulfed the fire visible from highwaybridges around firefighters rushed to untie other boats setting them loose so they too would not catch fire. >> we did have collateral damage again, pretty combustible materials, fiber glass, plastics, fuel, a lot of hazardous material. >> several people live on boats in the marina it does not appear anyone was aboard the boat that is caught fire no one was hurt investigators are trying to determine the cause whether it was an accident or arson. >> at this point investigators are here but i have not heard of anything asthma luscious or susp
>>> the big story today, boiling point. good afternoon, i'm matt miller in for dylan ratigan as dylan continues book on his upcoming book "greedy bastards." the debt debate coming down to threats, the new deal president obama and speaker boehner are working on reportedly includes $3 trillion in cuts, but only a promise of tax reform matched with triggers to punish each party if congress doesn't follow through. dems will lose a key component of health care reform, the individual mandate. the gop has the bush tax cuts at stake. the president "today show"ing his true feelings about the constant white house meetings on debt. take a listen. >> there's nothing i enjoy more than sitting hour after hour day after day debating the fine points of the federal budget with members of congress. >> a little presidential irony. meantime two other options are doa, the house cut, cap and balance act. it was pretty senseless. they won't take up the mcconnell fallback plan because harry reid wants to see what comes out of the white house. mike viqueira is live outside the white house where he sa
: it is a huge moment for u.s. women's soccer. can they beat back france today? that is the big question. you know what? so many people around the world, as well as people watching them in germany, are actually rooting and cheering for the u.s. they are the favorites to win the world cup. i mean, they just had an incredible performance. you know? here you see them practicing. they had this incredible match against brazil and in the last minute, they scored a goal and then ended up winning on penalty shoot-outs. everyone is still buzzing about how i credible it was. so the question is can they pull it off today? and what many people are saying is that they have got the fitness, they have got the never say die attitude and they hope that they can manage it today. you know, they are very fit and the french have to work their da derrieres off today. >> i think they all will be working their derrieres off. what do you think? you've been watching this closely. >> you've got germany out. that was a huge team and the favorites to win the competition in germany. they got booted out. the brazilians, a
of thunderstorms overnight into tomorrow morning. beyond that we build into big time heat. we got extended forecast in just a moment here's traffic. >>> good morning. we're starting out pretty quietly so far. we have our construction being picked up between the beltway, cones being picked up to washington boulevard. this is 695 at wilkins avenue. we have traffic building in both directions but no incidents to report. if are avenue traveling 95 on either end from wash, you're dog okay. 795, no problems to report. charley? >>> oh my god. holy cow. right there. >> check that out, pretty cool, uh. >> he said hoe was on a flight to mill mile earlier in the month when the pilot ordered passengers to look at this incredible sun. he grabbed his camera and immediately started recording. >>> extreme heat still pounds much of the south and midwest. could it be inching closer to m coming up we have more on your weekly weather outlook and we'll have tips on how you and your family scan beat the heat. >>> the weekend box office belonged to one wildly popular boy wizard. so just how big of a weekend was it for ha
of different ways. by the way, this is no big secret, it's not like i'm telling you something other people can't figure out very easily. but if you have one phone call another phone it creates a busy line. if you use a third phone to call in, it goes directly to the voice mail and if you don't have a pin, it's very easy to get somebody's voice mail. >> we talked about at&t. how vulnerable are they to getting hacked and do we need to make pin numbers mandatory in order to keep all of our phones safe? >> i think that's something to think about. right now the onus is on the consumer, it's on us to be proactive with our mobile devices to put that pin on there. you think of your smartphone these days. it's really like a small laptop. in my face it's almost as big as a laptop. but you store so much personal information on there that really the companies should be doing more for users, i would say, because they're such an extension of ourselves. because there's such critical information on there. you know, i don't want to single out at&t too much because all of the wireless carriers are aware that th
is an open minded scholar. who embraces big ideas who's not encapsulated by silos or artificial boundaries. he's clarifies as he pursues nuance and complexity. don't be fooled by the fact that this book and after the cohen says from prehistoric times to the french revolution. professor fukuyama takes you through the state, counter, and government, and what's the origin. having one of those in place doesn't suppose that the others will have vibrant and alive institutions. he discusses failed and failing states, provides probing questions ab the -- about the united states as well. i love the fact that you defend the necessity of politics even as you take us through political anxiety and political decay and it makes us think about our own society here in the united states. i have not read the whole book yet. but i've already been made to think for me unreconstructed and open-minded liberal you helped me realize there's more than friedrich hayek that market absolutism. let us welcome francis fukuyama and -- [applause] [applause] >> let's also pay tribute to the good work of c-span which adds t
and cornhole tournament for caacer four point "oh" --performances, sult jankowiak - live music--big wheel race consists of adult ocal barss and ivision and a separate ccildren's race--the only rule is the "ride" must hhvv plastic wheels--beer garden, corrhole ournament, micrr speedway, bean bubbles for kids &pkids 3the ""nter canton big wweel grand prix and cornhole tournament for ancer square in cannoo on saturray. for more information, log on to fox baltimorr ot com slash morning. cominn up... it could be days... before we amy winehouse.howwauthorities and it could become the worldds biggeet apple store. where the massive structure... could be built. you're watching fox 45 morning news.. all local.. all mornnng. ((break )) p new this morning... the mmn responsible for twin norway teeror attacks... old andres breivik ... who ar confessed to the atttcks... says he wants to exxlain hii least 93 people were killed... in friday's downtown bbmbinn... and mass shooting at a nearby youth camp. the wooan accuusng former i- m-f chiee dominique strrass-kaan oo rape... is speaking o
a live report coming up. >>> another big story. saved by inches. we believe with a terrifying ordeal during the height of the severe storm. in southeast a tree came crashing down on her car coming inches away from pinning her inside. we have the story you will see only on abc 7. >> saying her car in this tow lot, you could see the horror of what could have been. >> del in my car while i was driving. >> oh my god. >> she was driving on massachusetts avenue in southeast washington. a potent storm toppled a massive tree limb. it crushed her car. a shard crushed to the windshield, inches from a impaling this mother of two. >> i would have been dead. >> she somehow managed to scramble out of her ride it alive. >> we were crying. what's this stranger offered her shoulder. today, she finds comfort in her survival. the lasting trauma of this day. >> i just want to go home. >> ironically, some residents tell me they complain to the city a number of times about the tree and how far it was stretching out over the road. they say that city workers came out and proved a number of the branches, but
tax on alcohol goes up 3%. for more information, go to wjla.com. >>> the big holiday getaway is about to get under way. this year, the highways may not be the busiest. >> aaa says the number of holiday drivers will drop this year and a number of air travelers will increase. we go live to reagan national airport where travelers are already heading out this morning. >> that's right passengers traveling through the three area airports should brace for cross because aaa mid-atlantic says local air travel is up 22%. 784,000 dc/metro area drivers will travel by car, aaa says that is down by almost 3% from the same time last year. roads and highways should be a little less crowded even as drivers are enjoying lower gas prices. aaa says most americans will be staying close to home this year. the average distance travelled this week and will be about 573 miles which is down 7% compared to 2010. for those in the city, that will have much to look forward to. on the national mall, organizers are gearing up for the fireworks and a parade. the maryland transportation authority says it is crucial to
's an absolutely great day's start. we have the big dome of canadian high pressure running the forecast. today, cut and paste of the word pleasant. >>> the trouble is north of us, but southbound. here's sharon. >>> big trouble on 95 southbound. all lanes are blocked from the get go this morning on 95 southbound. that's just in the area past maryland, 222. that's perryville. you can see, the traffic is diverted off of 95 southbound because of it. it's diverted from exit's 193. you can take pulaski to get around the situation. expect delays on 95 and delays on pulaski as well. we have an accident past the maryland line. another one in rosedale, a new one in hampstead at st. paul street. speeds on the beltway are up to par and above. everything's running smoothly on the top and the westside. traffic is diverted at 272. there's an accident there and there's another shot of 95 and 275. remember, wjz is always on, go to wjz.com for more. back to you, don. >>> this was the breaking news from overnight, two security officers were shot. andrea fujii is live with more. >> reporter: good morning, don an every
to change the law so this does not happen again. >> a big chunk of money to -- the federal department of health and human services awarded them almost half a million dollars and that will pay for two new mobile clinics which will provide health care to an extra 1900 students. these new clinics are expected to begin operating within the next year. >> >> san francisco's supervisors will consider changing the city's health care security law. now city hall officials say about $40 million at san francisco businesses paid into a health care reimbursement account for uninsured workers it wasn't used last year. those officials say the businesses took the money back. they want to change the system. so that unused money would have to be rolled over to the following year. some business leaders say that could lead to a loss of jobs in san francisco. >>> all right. speaking of san francisco, let's check in for traffic. how are things trying to cross the bay bridge. >> the metering lights are on. give yourself an extra 15 to 20 minutes. in the south bay this is the second biggest hot spot. stop and
this isn't the end, this is the beginning of a new chapter, but the big question remains is what does the next chapter entail? talking up live here from the kennedy space center over the next couple of hours, a special guest including bob crippen, the first of two astronauts to fly up on sts 1 back in 1981. we'll talk to him of what happened then and what he thinks of this whole 30-year era and his thoughts on what's next. also, the man who built the engine of this current rocket, of the current space shuttle "atlantis," and he has some reservations about sort of the nebulous -- the nebulous outlook for manned space flight. a lot more coming at you. just heard the rain picking up again, and if we hear anything more about that possible lightning strike near that launchpad, which is just about three miles over my shoulder, we'll bring it to you live. edie, back knew you in atlanta. >> not what they want to hear or see out there. we'll join you again in a few minutes. >>> now a scandal that's worthy of tabloid headlines itself. journalists working for "news of the world," one of the bigg
party troops. big vote on his plan today but, robin, that doesn't mean this crisis is any closer than being solved. hat doesn't mean this >> far from it. >>> plus, a remarkable story of survival after a trip to a family reunion went terribly wrong, how one man hung on for help, used his socks to save his life. >> treaded water for 17 hours, unbelievable. also, alex trebek, what a strange story. now he is a crime fighter. a burglar broke into his hotel room. he decided to take her on. he hurt himself in the process. getting to the bottom of that story coming up. >>> right to the tropical storm taking aim at the gulf coast. sam is back with us in the studio and has been tracking the latest on don. good morning, sam. >> good morning, robin, good morning, george. let's get to don and put it right in the circle of suspicion because last night, see, wait, wait, wait, go, go, go, okay, we're not going to get the circle. max, put the circle on it. it was a rainstorm that moved from cuba to cancun. there is where it is. it is a small storm capable of large fluctuations in strength. here's wher
is inevitable and could hit families with mortgage payments and lower 401(k)s, other big costs. jake tapper and jon karl have been tracking it. let's start with jake. >> reporter: last night aftete their primetime addresses, house speaker john boehner was overheard saying he didn't sign up to go mano a mano with the president of the united states after the president called for congress to compromise. the president spoke sternly to the american people last night blaming house republicans, especially freshmen, for holding up a debt deal. >> the only reason this balanced approach isn't on its way to becoming law right now is because a significant number of republicans in congress are insisting on a different approach. >> reporter: house speaker john boehner responded by saying that the president wants to continue his rampant spending. >> the president often said we need a balanced approach, which in washington means, we spend morerend you pay more. >> reporter: right now there a a two competing bills, to raise the debt ceiling and reduce the deficit. a house one that likely cannot pass the sen
14% in taxes and corporations pay 0%, and you raise more, you can have us a big deal here. >> they're still drawing lines in the sand that seem insurmountable with weeks to go before the august 2 deadline, congressional leaders are heading back to the white house today for yet another meeting to reach a deal on raising the country's debt ceiling. officials familiar with the negotiations say majority leader eric cantor dominated yesterday's meeting. cantor laid out what was agreed upon in the deficit reduction talks led by vice president biden, specifically $2 trillion in cuts in the next decade. the figure includes $1 trillion in discretionary spending. $200 billion in medicare and medicaid. and $200 billion to $300 billion on saved interest in the debt. >> so the military -- the military, i guess, comes in in the mandatory discretionary spending. >> military. >> sources familiar with the talks add that after the presentation president obama said the two sides might be able to reach consensus on roughly $1 pp 7 trillion. but there are still some issues to resolve. at one point in t
crisis at a time when she is surging in the polls ahead one of the big favorites sarah palin. jonathan karl is in washington and has more on all this. good morning, jon. >> reporter: good morning, robin. there is no presidential candidate with more momentum right now than michele bachmann. ♪ my home in -- >> reporter: no republican presidential candidate has taken a harder line on the debt ceiling showdown than michele bachmann. >> we were all shocked and appalled that president obama dangled out in front of the cameras that senior citizens may not get their checks. that's a very dangerous statement to make. we don't believe -- excuse me. excuse me. we don't believe that for a moment. >> reporter: tough talk from bachmann is nothing new but she now speaks with new-found authority as a top tier contender for the republican presidential nomination. a new national poll puts bachmann firmly in second place as the leading challenger to front-runner mitt romney. and in key first caucus state iowa, three separate polls over the past week put bachmann in first place. >> republican primary vo
republicans. that would offer a big challenge to mitt romney. >> keith, why is at this moment rick perry holding out? >> i wish i could tell you what's going on inside rick perry's head. i think he's probably deciding if he's a legitimate candidate. if he can win the gop nomination. i think he is threatened by michele bachmann. i think she's sort of obviously protects the same type of people that are part of her base, part of his base. there's the question of electablity. if he wins the gop nomination, could he win the presidency? could he beat obama obama? i'm not convinced he could. >> what do you think, john, who would be the builtest threat to barack obama of three? >> i think romney would be the biggest threat. i think perry would come in second and i think that bachmann could would come in third. mitt romney has the organization out there. he has a compelling story when it comes to turn around artists. he turned around the olympics. he turned and massachusetts and turned around -- i think people want a turn around artist. perry has a story to tell about what he's done in texas as f
to ask the big oil companies to give up one dime not one dime of their $4 billion annual subsidy. they have refused to ask big corporations to give up one dime in their corporate loopholes. what we are negotiating with is a group of people who won't compromise. a group of people who have said we want the middle class to pay more taxes so that big corporations can pay less. we want seniors to lose their medicare so that big oil companies can continue to foost on their subdis. that's what the problem is. >> the case that republicans have taken a hard line on talks, at the same time democrats are taking what sounds like a hard line on entitlements. let me read a statement from leader pelosi that says we continue to oppose benefit cuts in social security and medicare. these pillars should not be used a as piggy bank to subsidize tax cuts for the wealthy. are democrats not just as guilty of failing to compromise as republicans are in this case? >> no, absolutely not. what we have said and i think most americans would agree with this is the middle class and seniors should not be asked
scale, he tried, he went for something big and failed. >> boehner is clearly on board for something. but i think right now the other four lders are trying to figure out is this politically where we want to go and can we assemble the votes for something of this magnitude. >> we conclude by turning to the n.b.a. and n.f.l. labor disputes with sally jenkins of the "washington post" and kevin blackistone of the university of maryland and espn. >> maybe it's time for fans to reassess why they're spending like crack addicts on the four major sports when there are lots of other affordable, available things to watch for a lot less money that appreciate the fans perhaps a little bit better and who value the fan more properly. >> with the n.f.l., it's very much reflective to me of what we're going through in america right now where in 201 you've had record profits in corporate america yet corporate america points to the economy, says it niece bad shape and pois to unions and workers and asks for concessions. that's the exact same thing going on in the n.f.l. when you talk about $9 billion in
been a big hit in london "evita" here had bad reviews. the mood changed. funny enough, i think that's an intriguing one because in the late '70s america was a little bit in denial about talking about anything political. i mean, you remember the time, after vietnam, and i remember writing the early days of the "evita" run we hit the -- at the same time of the russian invasion of afghanistan, which i don't think anybody really completely understood what was going on. for give me for talking about afghanistan. i've gone off on a tangent. >> another time. >> suddenly people started talking about politics again. they said, maybe paralleled with what we were trying to say there was an interesting subject. >> how much have the critics gotten to you over the years? >> i don't really care very much if i don't think the critics really understand music. >> somebody that you respect, what is the most hurtful kind of thing they could say that would really get to you? >> i guess somebody who i did respect as a musician said that the score was humdrum or something, then i would be sad if i believe
for big change. how a group of tech savvy americans is using social media and $5.00 to change the world. >>> also ahead, what's more dangerous? checking in for your flight or checking into the hospital? the answer up ahead. >>> forget the tea party or the independents, mitt romney needs to go after the couch potatoes. we'll explain why when the dr show comes right back. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. i don't know. the usual? [ blower whirring ] sometimes it pays to switch things up. my - what, my hair? no. car insurance. i switched to progressive and they gave me discounts for the time i spent with my old company. saved a bunch. that's a reason to switch. big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. uh oh, sesame stir fry from lucky dynasty. oh, me too! but mine's lean cuisine, so no preservatives. [ female announcer ] lean cuisine has 90 d
in three weeks the president continued to press for a big deal to raise the debt ceiling and to reduce the deficit by $4 trillion. >> i am still pushing for us to achieve a big deal. but what i also said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payme on deficit reduction. we are obviously running out of time. and so what i have said to the members of congress is that you need over the next 24 to 36 hours to give me some sense of whayour plan is to get the debt ceiling rais through whatever mechanisms they can think about and show me a plan in tes of what you are doing for deficit and debt reduction. if they show me a serious plan, i'm readyo move. even if it requires some toh decisions on my part. and i'm hopeful that over the next couple of days 'll see this long jam broken because the american people i think understandably want toee washgton do its job. >> president obama ruled out a 2.4 trillion plan prosed by house republicans. >> in my expectation is that you will probably see the house vote on
seen a big decline in prices that much harder to sell. >> in certain areas the homes are hard to sell anyways. so i don't know whether this will make it more difficult. it certainly won't help. >> reporter: zillow says even with the new algorythm, the estimates are just a starting point and both carp and quickly agree. >> i would not read too many into it. i would read very little into it. i think the changes in indices over a short period of time are noise. >> i hope they get further corroboration of the value of their houses before they jump off a bridge. >> reporter: there is a psychological aspect to all of this. experts say homeowners make financial and life decisions based on what they believe their homes are worth. if you're curious about what your home is worth, you can have it appraised by a professional. usually costs about $350 to $400. even the folks at zillow say, listen, this is just a starting point. you really do need to do your due diligence. >> thank you. >>> well, the ink has hit the paper. governor brown has signed the state budget a day before the fiscal year star
history, we have run this experiment of big government, big spending, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement programs, bill, whether it's going into the inner city and pumping god knows how many hundreds of billions into education, every time we have run those experiments, the exact opposite effect has happened. not only have the poor not been elevated out of poverty, but you have also perpetuated this cult of dependency and victim hood. >> bill: that's pretty true. what you are say something true. >> in the mackenzie survey you are talking about rich is getting richer and poorer getting poorer. that's the failure of trickle down economics. have you seen time and time
. >>> complete bay area news coverage starts right now. this is the 10:00 news. >> the big fireworks show in san francisco ended with a bang just minutes ago and this year the fog cooperated. good evening. i'm heather holmes. >> tens of thousands of people enjoyed a great 4th of july fireworks show under clear skies in san francisco as the fog stayed away from the waterfront. john live with where the show just wrapped up. >> reporter: the fireworks here wrapped up just about ten minutes ago but take a look up in the night sky right now. he with can show you parts of the show that wowed this huge crowd. . >>> it was the rockets red glare and bombs bursting in air. >> everybody is looking for a spark in life and the fireworks just does it for you every time you look at them you see freedom and sparks that you want in life. >> reporter: for hundreds of thousands of people who came to san francisco's waterfront this was a big party. with a rotten economy it's a tough time in the history of the nation. >> it's sadder for me because i'm older and i it's going to be difficult f
and the speaker is that to get a big package would require big tax increases in the middle of an economic situation that's extraordinarily difficult with 9.2% unemployment. we think it's a terrible idea. it's a job killer. >> reporter: aides say house speaker john boehner called president obama saturday night and told him republicans would push for a smaller debt deal, just enough to cut about $2 trillion over 10 years and increase the debt ceiling by about that much. republicans say democrats' insistence on tax increases have forced them to call for a smaller deal. the administration calls that strategy insufficient. >> we need to do something very substantial to bring our long term deficits down over time in a way that's good for the economy so we give more support to the economy still healing. >> reporter: even if these negotiators strike a deal, they still have to sell it. democrats and republicans are pushing their leaders to stand their ground. rich edson, fox business. >> joining me now with more on the progress of these debt negotiations, maryland congressman chris van holland who
on. we'll start with the satellite and radar. we had big storms rumble through portions of the viewing area. yesterday it got quite dark and scary looking. all the storl activity has -- storm activity has pushed well off to the south and west of here. we do have the clouds still. a couple of showers popping up in central virginia now but most of the activity is in southwestern virginia, eastern portions of tennessee, western portions of north carolina, and southern west virginia. so that's where that is. we talked about the heat advisory. yes, there's a heat advisory that goes into effect at noon today. lasts until 8:00 p.m. all the counties you see there including washington, d.c. this is because with the heat in the upper 90s, the air temperature and humidity, it's going to feel like it's between 100 and 105 degrees during the day today. currently 78 degrees at reagan national. relative humidity 81%. so very uncomfortable out. winds out of the southwest now at 7 miles an hour. planner for today hazy, hot and humid. can't rule out a stray thunderstorm or two during the
and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
as well. so we need to do something big. >>> plus, decline of an empire? murdoch makes the cover of "time." the uk makes another arrest. and u.s. lawmakers demand investigations into news corp's actions here at home. >>> strikeout. why did the judge just declare a mistrial in the roger clemens' perjury case? >>> good day. i'm andrea mitchell live in washington. it's round five of the debt talks today. coming off the most heated exchange yet in the debt negotiations between president obama and republican leaders. eric cantor says the president all but stormed out of the last meeting. democrats have a different story. their version is that in fact, it was the republicans' fault. major garrett is congressional correspondent. here we are unveiling the cover as we do every week of the "national journal." let's talk about these negotiations. we've got he said/he said, basically. you have two sides accusing each other of storming out. it clearly got a little bit testy. >> it got testy -- >> we're told cantor interrupted the president several times. >> eric cantor was persistent, i'm sure. eric c
to raise the debt ceiling. everybody fr everyone agrees. this is big for the republicans. never done before with a long-term budget plan to bring down the deficit. now everybody agrees also there has to be a balanced approach. they agree to $1.6 trillion in cuts and what the president is saying is there's $400 billion in tax subsidies. tax give ways, as al you mentioned, tot hedge fund managers, that we can no longer afford. now if republicans don't buy that, as david brooks said nothing in the new york times, they are idiots. they don't know how to govern. they won. they ought to take this deal. >> mr. brooks, conservative columnists, is saying come on. you are marginalizing yourself. can't even you even hear from your own people that ideal logically agreed with the republican line. >> well, look, reverend sharpton, you showed some polls a minute ago that showed 70 or 8 30ers don't agree with republican owns this or that or the other thing. if the republicans are standing up for their convictions and beliefs against the tide of public opinion, it may be political courage an political decis
aunque no parece estar tan tran self. big bad john ♪ >> reporter: john boehner, the plain-spoken man from ohio is under intense pressure to line tranquilo como siempre up every republican vote he can get to get his revised bill este senador esta tratando de c through congress. by all accounts, the big meeting with his fellow republicans is tense. in no uncertain terms, the speaker tells hard-line conservative who's are in no immediate to compromise to get in line behind his bill. conseguir todos los votos ♪ everybody knew you didn't give que pueda no lip to big john ♪ w>>> sreÑor orador, es justo dciecir >> mr. speaker, is it fair to say you have a bit of a rebellion on your hands, or do you feel -- que tiene una pequeÑa rebelion >> i have a little bit of rebellion on my hands every day. tengo un pporoblema it comes with the territory. >> you're not worried? viene con el territorio >> never let them see you sweat. no se ve contento >> you don't look happy on the front page of the "new york times". nlen la primera pagina del nyueva it says "boehner's grip on his
and hang seng closed down. let's go to kristie lu stout. what's the big headline this morning, kristie it's all a ar w rows down. the yen soon as a safe haven continues to rise. meanwhile stocks in europe are also dae cleaning. europe is battling its own debt crisis. moody's has placed spain's government bonds on a downgrachltd government pressures and weak growth were behind that decision. ali, back to you in new york. >> kristie, we always worry when we get into a weekend and we have a deadline and we don't have a deal here that that's going to start touching asian markets more quickly than it's going to touch u.s. markets on monday. what's the reaction to the u.s. not having a deal so far? >> let's look a at the political reaction out of china, the largest foreign holder. chinese leaders, the they're not just worried. they're angry. stephen roach, of morgan stanley, he's been telling cnn that chinese leaders are appalled and that they think that america's behavior could create havoc in the global economy. meanwhile the news agency shing wa released a statement says, quote, the well bei
against the former head of the imf. as randall pinkston reports, there are big questions surrounding the accuser as well. >> reporter: dominick strauss-kahn walked out of court an almost freeman. >> the defendant will be released on his own recognizance. the only restriction is the people will continue to hold his travel documents. >> reporter: the turn around came when prosecutors revealed the hotel maid lied about her whereabouts following the alleged attack. >> that investigation raised concerns about the complaining witness' credibility. >> reporter: prosecutors spelled out other inconsistencies about the accuser in a letter to strauss-kahn's defense attorney. they include lying to get into the united states from her native, guinea. her attorney insists the facts are not changed. >> the victim here made some mistakes. but that doesn't many she is not a rape victim. >> reporter: strauss-kahn's attorneys have insisted what happened in the hotel room was not a crime. his lawyers hope the multiple sex charges will be dropped. >> it is so important in this country that people, especia
to the start of wall street, u.s. futures to a pretty healthy open. it's in the shadow of the big jobs number out tomorrow. >> indeed. we'll have to see what difference this makes. now, in the u.k., an enormous story, really, that is shaking the government in some ways. certainly putting the prime minister under pressure in parliament. police are theying there will be a full investigation into new hacking allegations, into "the news of the world." it's a sunday newspaper. advertisers are turning their backs on the u.k.'s most popular sunday read. the tabloid stands accused of hacking into the phones of a missing schoolgirl that was later found dead. as well as relatives of the 2005 london bombings six years ago. and the families of soldiers killed in iraq and afghanistan. revelations have made waves across the u.k. and even led to a debate in parliament. and definitely in that debate, i think it's fair to say that the prime minister at times looked very much to be on the back foot. >> he seemed to be. very close with the former editor of "the news of the world." shareholders also getting out
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